What are Tesla, Inc.'s profit margins?

Tesla, Inc. (TSLA) runs a 19.1% gross margin and a 5.0% operating margin, with a 3.9% net margin.

Where do Tesla, Inc.'s ratios come from?

Every ratio is computed from Tesla, Inc.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Tesla, Inc. TSLA Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Profitability
Gross margin	71.6%+0.1pp	70.2%-1.4pp	70%-2.0pp	71.2%-2.3pp	71.5%-5.8pp
Operating margin	20.4%-8.1pp	22%-7.8pp	24.6%-7.1pp	27.7%-7.4pp	28.5%-13.1pp
Net margin	19.6%-20.5pp	22%-26.3pp	25.3%-31.3pp	33.3%-21.3pp	40.1%-14.2pp
EBITDA margin	45.8%-4.6pp	46.7%-4.2pp	48.4%-3.8pp	50.4%-4.5pp	50.3%-10.3pp
Free cash flow margin	26.9%+10.6pp	26.8%+16.2pp	23.9%+12.4pp	20.5%+8.9pp	16.3%-0.1pp
Returns
Return on equity	24.7%-36.8pp	28.6%-48.8pp	34.2%-60.7pp	48.3%-48.7pp	61.5%-42.0pp
Return on assets	14.7%-21.2pp	17%-27.8pp	20.3%-34.1pp	28.3%-26.8pp	35.8%-22.3pp
Return on invested capital	21.9%-22.7pp	24.7%-27.4pp	29.1%-33.6pp	38.3%-38.3pp	44.6%-55.1pp
Efficiency
Asset turnover	3×-0.5×	3.1×-0.6×	3.2×-0.6×	3.3×-0.7×	3.5×-0.8×
Inventory turnover	23.2×+0.6×	22.9×+0.4×	22.8×+0.6×	22.5×-0.5×	22.7×-1.4×
Liquidity
Current ratio	8.3×+0.5×	8.3×+0.8×	8.1×+0.9×	7.9×+0.9×	7.8×+1.1×
Quick ratio	6.6×+0.7×	6.5×+1.0×	6.4×+1.2×	6.1×+1.1×	5.9×+1.2×
Cash ratio	2.1×-0.1×	2.2×+0.1×	2.2×+0.1×	2.2×+0.1×	2.2×+0.1×
Leverage
Debt-to-equity	0.3×-0.3×	0.4×-0.1×	0.5×0.0×	0.5×0.0×	0.6×+0.1×
Debt-to-assets	0.2×-0.1×	0.2×-0.1×	0.3×0.0×	0.3×0.0×	0.3×+0.1×
Net debt / EBITDA	-3.9×-1.8×	-3.1×-1.3×	-2.4×-0.2×	-2.2×-0.1×	-2.1×+0.2×
Interest coverage	55.7×-31.1×	58.5×-47.4×	65.9×-76.9×	76.9×-126×	86.8×-179×
Per Share
Book value per share	$91.71+13.0%	$89.13+13.7%	$86.70+14.8%	$84.01+18.6%	$81.14+22.1%
Valuation
Market capitalization	$5.47T+51.9%	$4.9T+47.5%	$4.71T+66.9%	$4.06T+46.3%	$3.6T+20.9%
Enterprise value	$5.42T+51.8%	$4.87T+47.5%	$4.68T+67.6%	$4.04T+46.8%	$3.57T+21.4%
Price / earnings	1,232.8×+798×	1,008.1×+670×	796.7×+588×	570.6×+353×	434.4×+199×
Price / sales	57.3×+20.1×	51.8×+17.4×	49.3×+20.0×	42.4×+13.4×	37.2×+6.0×
Price / book	67.5×+17.1×	62.1×+14.1×	61.6×+18.8×	55.1×+9.4×	50.4×-2.0×
EV / EBITDA	500.3×+207×	446.6×+178×	409.1×+187×	334.9×+126×	292.9×+89.2×
EV / sales	56.9×+19.9×	51.4×+17.2×	49×+20.0×	42.1×+13.4×	37×+6.1×
Free cash flow yield	1.9%+0.1pp	2.2%+1.0pp	2.1%+0.6pp	2%+0.5pp	1.8%-0.2pp
Earnings yield	1.4%-3.4pp	1.9%-4.7pp	2.2%-5.7pp	3.4%-4.4pp	4.8%-2.4pp

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Questions, answered.

What are Tesla, Inc.'s profit margins?: Tesla, Inc. (TSLA) runs a 19.1% gross margin and a 5.0% operating margin, with a 3.9% net margin.
Where do Tesla, Inc.'s ratios come from?: Every ratio is computed from Tesla, Inc.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.